ANADARKO PETROLEUM CP (APC-NYSE): Technical Viewpoint: From a low of $46.52 on Jul 18, 2001 prices rallied, reaching a high of $60.00 on Jul 30, 2001. A decline saw prices pull back, reaching a low of $53.21 on Aug 9, 2001. Another rally saw prices penetrate resistance, closing 8/15/01 at $59.75. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 31, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $55.50. Resistance: Is at $62.40. Point & Figure: Reversed to the upside on Aug 15, 2001. A P&F upside reversal takes place at $57.75. Summary: Technical indicators have turned bullish. BUY! ANADARKO PETROLEUM CP (APC-NYSE) @ $60.12 Stop: Use a protective stop of $57.38. ANADARKO PETROLEUM CP is currently trading @ $59.75 plus $3.11 on Aug 15, 2001. Price Objective: $79.00. Risk/Reward: $2.75 VS. $18.88. Today's Risk Reward Ratio: 7:1